Does anyone know when VISA’s IPO will take come out?
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Visa has not set a definitive date as to when they are looking to have an Initial Public Offering.
However, they have recently filed a Form S-4 Registration with the SEC, which details the restructuring of the company.
From the filing: “The boards of directors of Visa International Service Association, Visa U.S.A. Inc., Visa Europe Limited and Visa Canada Association have approved a restructuring agreement that contemplates a series of transactions by which Visa International, Visa U.S.A. and Visa Canada will become subsidiaries of a Delaware stock corporation, Visa Inc.”
For the restructuring to be complete it must be reviewed by the SEC and approved by Visa members.
Also in the filing, Visa states that its “loss sharing agreement, which forms a part of our retrospective responsibility plan (described below), provides that we must use our commercially reasonable efforts to complete an initial public offering within 120 days after the closing of the restructuring.”
The above gives you a general idea that they are likely going to have the IPO within the next 3-6 months. But it is always difficult to predict these things.